Santander Launches Loans Backed by Tokenized Commodities Akin to Soy and Corn

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As soon as the mortgage is authorised, tokens shall be despatched to an escrow, which is a third-party sensible contract, till the credit score is repaid with fiat or tokens, Scaliter stated. If a farmer repays the mortgage with tokens, Santander will robotically convert them to Argentine pesos on the Agrotoken platform, Scaliter stated.



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